Property System definition

Property System means all property systems (including all Software, Hardware and electronic access related thereto) designated by Franchisor for use by System Hotels in the front office, back-of-the-house, or other operations of System Hotels.
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Examples of Property System in a sentence

  • If one or more large HVAC units is in operation at the Property, "System Breakdowns" coverage shall be required, as determined by Lender.

  • If one or more large HVAC units is in operation at the Property, "System Breakdowns" coverage shall be required, as determined by Mortgagee.

  • Franchisor has the right to access Franchisee’s Property System and Reservation System directly to obtain marketing, sales and guest information, and Franchisee will take all actions reasonably necessary to provide such access.

  • Where the Supplier does not have access to the Voyage Property System they should call or email the onsite arrival time to the Voyage Property Team with this information.

  • Upon receipt of notification from HCG, the Contractor shall complete and return within fifteen (15) working days a Property System Certification describing the system that will be used to control HCG's Property.

  • To the extent that such modification relates to an ongoing program or system, such as the Reservation System, the Yield Management System, or Property System, or to any new Electronic Systems or other program or system, ongoing payments related to such modifications will be made in accordance with Section 3.

  • This is understood to be all of the area described in the Deed of Constitution of the Condominium which subjects said area to the Condominium Property System, including all of the corresponding improvements and entitlements thereto.

  • The extinguishment of the Condominium Property System may take place by resolution of the Condominium Joint Owners’ Meeting, by unanimous vote of all the subsidiary property owners of the Condominium, providing that such extinguishment does not disobey other legislation related to the subject, particularly in regard to the possible remaining lots or units.

  • If Host so chooses to repair, restore or rebuild the Property, System Owner shall repair, restore or rebuild the System unless insurance proceeds available to System Owner for such purpose are insufficient to cover the costs of such repair, restoration or reconstruction.

  • That which shall be formed by subjecting each subsidiary property of Condominio Coyol to the Condominium Property System.

Related to Property System

  • Property, Plant and Equipment means any item of real property, or any interest therein, buildings, improvements and machinery.

  • Operating Property means any property owned, leased, or operated by the Party in question or by any of its Subsidiaries or in which such Party or Subsidiary holds a security interest or other interest (including an interest in a fiduciary capacity), and, where required by the context, includes the owner or operator of such property, but only with respect to such property.

  • Infrastructure Improvements means a street, road, sidewalk, parking facility, pedestrian mall, alley, bridge, sewer, sewage treatment plant, property designed to reduce, eliminate, or prevent the spread of identified soil or groundwater contamination, drainage system, waterway, waterline, water storage facility, rail line, utility line or pipeline, transit-oriented development, transit-oriented property, or other similar or related structure or improvement, together with necessary easements for the structure or improvement, owned or used by a public agency or functionally connected to similar or supporting property owned or used by a public agency, or designed and dedicated to use by, for the benefit of, or for the protection of the health, welfare, or safety of the public generally, whether or not used by a single business entity, provided that any road, street, or bridge shall be continuously open to public access and that other property shall be located in public easements or rights-of-way and sized to accommodate reasonably foreseeable development of eligible property in adjoining areas. Infrastructure improvements also include 1 or more of the following whether publicly or privately owned or operated or located on public or private property:

  • Infrastructure improvement means permanent infrastructure that is essential for the public health and safety or that:

  • System improvements means capital improvements to public facilities which are designed to provide service to a service area.